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Dec 10, 2013
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but the reality is -- i was in california over the holidays. and i had conversation with family members who are doctors. i asked them point-blank. to them, they don't see obama care as the negative that others see it. i was actually surprised. i thought they would be more critical and they weren't. they think it's going to be a net positive. i guess that's going to be disputes amongst different doctors. but the goal is to bring costs down. it's hard for people to accept but this is clearly an important part of health care reform. >> scott gottlieb, seems to me the goal may be to bring costs down. i don't think this is the right way to do it. but they're bringing doctors down. that's what they're doing. i'll just ask you. you're in the profession. how the hell do you have a doctor run a practice with a $24 visit? >> right. >> $24 visit. i don't know enough about it -- none of my doctors charge $24. i wish they would. but then again i don't wish they would because if they did, they wouldn't be able to practice and i wouldn't have good doctors. >>
but the reality is -- i was in california over the holidays. and i had conversation with family members who are doctors. i asked them point-blank. to them, they don't see obama care as the negative that others see it. i was actually surprised. i thought they would be more critical and they weren't. they think it's going to be a net positive. i guess that's going to be disputes amongst different doctors. but the goal is to bring costs down. it's hard for people to accept but this is clearly an...
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Dec 4, 2013
12/13
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he said in california they are going to lose 200,000 jobs. >> you're forgetting the economic -- >> most academic profession doesn't like the minimum wage. >> that's not true. >> think about who are businesses in this country. talk about walmart and mcdonald's, big businesses, 18,000 of them in this country. 28 million small businesses, 6 million of which have employees and the others we want to encourage them to get that first employee. so while everyone is punishing walmart and mcdonald's you're punishing a few big businesses at the expense of small business owners. it's harder to hire that first employee or next employee. >> i would tend to agree with the small business angle if i saw any data that they are hurt badly when the minimum wage is increased. there was a study when they increased the minimum wage very little impact on the job. >> that study has been discredited so many times by so many economists. i want to get back to this point. what about productivity. look wages will go up automatically if productivity goes up and profits go up. if capital investment goes up and product
he said in california they are going to lose 200,000 jobs. >> you're forgetting the economic -- >> most academic profession doesn't like the minimum wage. >> that's not true. >> think about who are businesses in this country. talk about walmart and mcdonald's, big businesses, 18,000 of them in this country. 28 million small businesses, 6 million of which have employees and the others we want to encourage them to get that first employee. so while everyone is punishing...
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Dec 3, 2013
12/13
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. >> new york, california, absolutely. it's crushing those states. and there's a little wrinkle in obama care. there's 100% match for three years, then it goes down. but everybody eligible under the ole rules, there's the old match that applies. that's billions of dollars in added budget damage that's going to be done from this medicaid expansi expansion. people are saying, i'm eligible and since there are all these advertisements, i'm going to sign up. >> i'm going to be a cynical guy. in the end, doesn't obama care get you in effect to gigantic medicaid? isn't that what's going to happen here? this is the bridge. medicaid is the bridge to single payer, government-run system. >> doctors are just not going to accept it. they're not going to live with those rates. a lot of the obama care plans have rates that are a little bit more than medicaid but less than medicare even. so that's another bomb waiting to go off. doctors, hospitals are saying, these rates are just so low, we're not accepting those patients. >> they are also, bill, ripping up medicare
. >> new york, california, absolutely. it's crushing those states. and there's a little wrinkle in obama care. there's 100% match for three years, then it goes down. but everybody eligible under the ole rules, there's the old match that applies. that's billions of dollars in added budget damage that's going to be done from this medicaid expansi expansion. people are saying, i'm eligible and since there are all these advertisements, i'm going to sign up. >> i'm going to be a cynical...
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Dec 6, 2013
12/13
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california, new york, you see all these states, d.c., raising the minimum wage. they see gallup putting out a poll that three-quarters of americans want a minimum wage increase, and they see the momentum and they want to get a federal bill. that would be my sense. >> rick berman, i want to know if you agree with what carrie is saying. do you regard this as a true strike, in other words, were these workers from the fast food restaurants or were these simply union members maybe in some cases bussed in? >> they were definitely bussed in. these are people who are paid to protest. there are very few people who walk out and are joining these picket lines. it's not a strike. strikes are when employees walk out. these are people who are showing up carrying picket signs. and i agree, this is really just an attempt to gain some sort of political appeal for a minimum wage increase which they could just as easily get by taking out full page ads in newspapers and at the end of the day, it may be true that polling shows that people are in favor of a minimum wage increase until
california, new york, you see all these states, d.c., raising the minimum wage. they see gallup putting out a poll that three-quarters of americans want a minimum wage increase, and they see the momentum and they want to get a federal bill. that would be my sense. >> rick berman, i want to know if you agree with what carrie is saying. do you regard this as a true strike, in other words, were these workers from the fast food restaurants or were these simply union members maybe in some...
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Dec 21, 2013
12/13
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slower than the administration might like for the 36 states on the federal exchange when you consider california on its own is enrolling over 20,000 a day. the president defended an 11th hour policy change for people whose plans were canceled, extending a hardship exemption from the individual mandate, giving them access to buy bare boned plans. he called it a safety net for those who may have slipped through the cracks, but insurers blasted the move. >> here we are once again changing the rules in the ninth inning. that creates confusion for consumers and creates uncertainty and challenges for companies that are trying to implement all of the new changes in the reform law that are going to be taking place in just a few weeks. >> insurers are are facing challenges. larry, monday is the deadline for people who want to sign up for coverage starting january 1st and insurers have to have a sprint to really turn those enrollments around quickly. >> yeah, we're going to get into this, a lot of unfairness between those who can buy the catastrophic and those who can't. it's going to be a big issue. bert
slower than the administration might like for the 36 states on the federal exchange when you consider california on its own is enrolling over 20,000 a day. the president defended an 11th hour policy change for people whose plans were canceled, extending a hardship exemption from the individual mandate, giving them access to buy bare boned plans. he called it a safety net for those who may have slipped through the cracks, but insurers blasted the move. >> here we are once again changing...
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Dec 13, 2013
12/13
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here now to explain is house oversight chairman darrell issa, republican from california who is fast becoming everybody's hero representing the taxpayers. chairman issa, thank you. first of all, she has been stonewalling. but it really is obstruction. and that does threaten the criminal procedure, does it not, sir? >> well, certainly for those that were conned into signing these letters at cms on behalf of hhs and the secretary, they're in a pickle. they've ordered a contractor not to comply with lawfully issued congressional subpoenas. more importantly, the whole question of what they're trying to have not released is absurd, larry. you understand 73 days ago, the site went live. there were vulnerabilities. the documents we want are related to the vulnerabilities of 73 days ago. we said we're happy to redact anything where there is still a vulnerability. but we need to be told what haven't you fixed in 73 days if these are not fixed? the american people need to know that hackers can still penetrate your information. if they are fixed, great. then these many flaws that were open to h
here now to explain is house oversight chairman darrell issa, republican from california who is fast becoming everybody's hero representing the taxpayers. chairman issa, thank you. first of all, she has been stonewalling. but it really is obstruction. and that does threaten the criminal procedure, does it not, sir? >> well, certainly for those that were conned into signing these letters at cms on behalf of hhs and the secretary, they're in a pickle. they've ordered a contractor not to...
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Dec 11, 2013
12/13
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eastern out there in california it's 4:00 p.m. pacific time. we begin with breaking news from the u.s. capitol right behind me with a december 13th deadline looming large house and senate budget committee chairs paul ryan and patty murray announced just half an hour ago that they've reached a compromise. it's a two year budget deal. we go to cnbc's chief washington correspondent john harwood. he joins us now with all the details. good evening, john. >> reporter: good evening. just in time for your show. it's not a grand slam home run. call it an infield single but something that republicans and democrats have agreed on. john boehner called it a modest deal. it has $63 billion over two years in relief from the sequester. that's raising the caps equally for domestic and domestic priorities. it has an additional $22 billion in deficit reduction. just $22 billion over two years. it does not raise taxes and does not touch medicare and social security. therefore, it avoided the hot buttons but does eliminate the threat, we believe, of a government sh
eastern out there in california it's 4:00 p.m. pacific time. we begin with breaking news from the u.s. capitol right behind me with a december 13th deadline looming large house and senate budget committee chairs paul ryan and patty murray announced just half an hour ago that they've reached a compromise. it's a two year budget deal. we go to cnbc's chief washington correspondent john harwood. he joins us now with all the details. good evening, john. >> reporter: good evening. just in time...
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Dec 14, 2013
12/13
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so what we've got here, look at california, right, 800,000, close to one million people are going to see their policies canceled or have been canceled already. i think the administration is really terrified that at the end of the day more people are going to lose coverage come 2014 and gain it through the exchanges and basically begging the insurers to take whatever they can in terms of extending coverage, coverage providers who may not be a network, may not be on formulary. >> you just made two very important additional points. very important. they are asking the administration -- the administration is asking the insurers to cover people out of network. all right? that's a very big deal. i don't know how you do that. i don't know how the insurance company can just suddenly do that. it seems to me that's a huge deal. and you also mentioned the prescription drug refills. that's another big deal. now, it may be easier to pay for the refills but what about the networks, paul howard? just take me through that. how does an insurance company all of a sudden switch around and say you're out
so what we've got here, look at california, right, 800,000, close to one million people are going to see their policies canceled or have been canceled already. i think the administration is really terrified that at the end of the day more people are going to lose coverage come 2014 and gain it through the exchanges and basically begging the insurers to take whatever they can in terms of extending coverage, coverage providers who may not be a network, may not be on formulary. >> you just...